Yes that is ok but first you should get a prequalification from each to see the terms they provide. 

My understanding is that you should not operate a long-term rental under an S Corp.

Look at it from a long term perspective and it should work a little better.Hope all of this makes sense. 

If you plan to keep it, and your seeking long term debt the lender will require a full appraisal.2.)

And it has to be something you can afford.If I had $100k - $200k to invest, that's Detroit for me all day long.

I say that to say I am in a negative whole in terms of ROI, Ive spent so much time and money on wholesaling, things like a guru course, buying lists, dialers, and even some Facebook ads.

The rate typically ranges from 15% to 20% for long-term capital gains, with an additional 3.8% Net Investment Income Tax (NIIT) potentially applying.OK, lets chat about the Canadian side.  

I’m 25 years old and new Real Estate Agent in the Los Angeles area.Before becoming an agent I’ve always had a long term goal of being a landlord, whether it be through a family home or an apartment building.

I understand there’s some nuance state-to-state in terms of deed of trust usage vs. using a mortgage for the second lien position (our investor in this case).So that we can arm ourselves with the most knowledge going into discussions, could anyone advise what the setup process actually looks like here?

For investment properties you should be using private/hard money lenders, but if it's a primary or you have a long window of time to secure the financing then traditional may be the way.Overall, it should be easier to get approved via creative financing though as there are options and workarounds for nearly every scenario (they just may cost more the more creative you need to get).